News

Ingeteam opens subsidiaries in Romania, Philippines

Published

August 3, 2015

Comments

comments icon

0

Share

Published:

August 3, 2015

Comments:

comments icon

0

Share

With the opening of two subsidiaries in Romania and the Philippines, Ingeteam has increased its global presence to 17 countries in all five continents.

The company said it that in Romania it is focusing on wind power, more specifically power plant maintenance. With its establishment in this country, Ingeteam, headquartered in Spain, is to provide operation and maintenance services for almost 400 MW, accounting for 12% of the country’s total installed power, according to its press release. For the head offices in Bucharest it plans to hire 35 people through 2016.

On the other hand, the Philippines is one of the countries with the highest growth forecasts in Southeastern Asia, Ingeteam said. At the end of 2011, the country had an installed wind power of 33 MW, with plans for the installation of more than 500 MW by year 2020. This new subsidiary has led to the creation of local employment in the islands of Luzon, Guimaras and Panay, with the recruitment of some twenty new employees, according to the company’s website. Ingeteam has signed its first contract in the country, for the provision of services for 174 MW, 68.5% of overall installed power.

Related Articles

UAE Mubadala to invest EUR 300 million in Rezolv Energy

UAE’s Mubadala to invest EUR 300 million in Rezolv Energy

24 December 2025 - Mubadala Investment Compan has committed EUR 300 million to a joint venture with Actis that operates Rezolv Energy

north macedonia annual plan investments solar bess batteries wind farms sanja bozinovska

North Macedonia’s first annual construction plan for energy projects envisages EUR 1.4 billion in investments

23 December 2025 - North Macedonia published an annual construction plan for energy projects in line with its new Law on Energy

Greek Aktor BESS subsidiary entering LNG trade

Greek company Aktor sets up BESS subsidiary after entering LNG trade

23 December 2025 - Power storage services are the core activity of Aktor's new subsidiary Aktor BESS, but it could also generate electricity

OMV Petrom CE Oltenia building solar parks of 550 MW in total

OMV Petrom, CE Oltenia building solar parks of 550 MW in total

23 December 2025 - Romanian state-owned CE Oltenia is turning its coal land into PV plants in partnership with OMV Petrom. The four projects total 550 MW.